Sandisk reported earnings on Wednesday.
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Uber Technologies' (UBER) shares fell Wednesday after the ride-hailing company's second-quarter reve
ADTN has plunged 46.2% in three months as execution issues hit margins, but fiber broadband and AI networking trends keep its long-term growth story alive.
Alibaba's Qwen3.8-Max reaches direct price parity with US closed models while committing to open-source Max-class weights around August 10 — the DeepSeek playbook executed at $300B+ scale.
Shares of Uber Technologies fell 6% in midday trading Wednesday after the ride-hailing company issued a softer-than-expected outlook for the current quarter. Uber reported quarterly revenue of $14.19 billion, up 12% from a year earlier amid an increase in both rides and deliveries. For the current quarter, Uber forecast adjusted earnings of 84 cents to 88 cents a share, compared with analyst expectations of 87 cents a share.
Lucid slams the brakes on cash burn -- but is it too late?
Lucid Group released its Q2 earnings yesterday, Aug. 4, and the stock is trading lower despite the company announcing a strategic reset under new CEO Silvio Napoli.
It may seem like a nightmare scenario, but there are ways to salvage it.
JPMorgan expects Nike's China distribution reset and U.S. store closures to pressure earnings through fiscal 2028.
Uber reported second-quarter results on Wednesday that beat on bookings and profit, but shares fell as the ride-hailing giant's bookings guidance missed analyst projections. Uber says its robotaxi push is still well underway, with investments set to grow.
McDonald's profit exceeded expectations, but weaker customer traffic exposed problems with its value promotions and digital offers.
SpaceX is on course to burn $50 billion this year. That's a surprise.
KBW maintained its Outperform rating and sees 52.2% total return, but Texas interconnection reviews have added uncertainty to Hut 8’s contracted Beacon Point campus.
The audit leaves energization timelines uncertain for Cipher’s 1.4 GW net Texas portfolio, shifting near-term attention toward capacity outside the new interconnection study.
FMS posts 28% EPS growth as Care Delivery profitability and margin gains offset a quarterly revenue miss and weaker US treatment volumes.
Disney said Super Bowl ad sales came from one of the "broadest advertiser and category mixes in Super Bowl history," with nine brands in the big game for the first time.
Walt Disney's (DIS) fiscal third-quarter earnings rose above Wall Street's estimates on Wednesday ev
Disney on Wednesday announced an agreement to sell its 50% stake in A+E Global Media for $1.2 billion in cash to Hearst, which would gain full ownership when the deal closes next month.
Record subscriber scale and margins failed to offset an earnings miss and increased investment in marketing, cloud services and AI.
Senate Majority Leader John Thune says he still expects an initial CLARITY Act vote this week. Prediction market traders think it may be too little, too late. The Polymarket contract tracking whether the crypto bill becomes law in 2026 crashed...
SpaceX just posted one of the most impressive earnings reports in recent memory, and the stock is getting crushed anyway. Two converging forces are threatening to swamp even the strongest bull case, and one of them hasn't even hit yet.
LUMN's Q2 loss came in narrower than expected as strategic revenues have risen 14.1% and free cash flow has turned positive despite a 9.3% revenue decline.
Galaxy's Treasury & Corporate segment dragged on results with a $78 million adjusted EBITDA loss, primarily from unrealized losses on digital assets and investments.
The fair value estimate for Gold Fields has been reset lower, moving from ZAR914.75 to ZAR717.63, and analysts have also cut price targets in US$ terms. Recent research links these changes to updated gold and silver price assumptions, margin pressure and revised P/E multiples. Firms such as JPMorgan still maintain an Overweight stance even after trimming their target from US$75 to US$55. As you read on, you will see how this evolving analyst narrative on Gold Fields could shape the way you...
Advanced Micro Devices (NASDAQ:AMD) shares dropped more than 6% in early trading on Wednesday after Elon Musk revealed that SpaceX plans to source its artificial intelligence processors exclusively from Nvidia, overshadowing AMD’s stronger-than-expected quarterly earnings. The announcement weighed heavily on investor sentiment despite another quarter of record revenue and upbeat guidance from the semiconductor company.
Chipotle Mexican Grill (NYSE:CMG) rose around 3. 5% in pre-market trading on Wednesday after Minnesota health officials said they have no ongoing concerns about the company following a recent salmonella outbreak investigation.
AstraZeneca (NASDAQ:AZN) shares climbed around 6% on Wednesday after Reuters reported that there are “no discussions” between the company and Bristol Myers Squibb (NYSE:BMY) regarding a potential merger, contradicting recent speculation that had unsettled investors. The report eased concerns surrounding a deal that, if completed, would have created a pharmaceutical group valued at close to $400 billion.
BetterHelp remains Teladoc’s biggest headache as customers shift toward insurance-covered therapy and provider capacity struggles to keep up.